Getting started
i6ElasticPrice
Coming soon. Estimate of price sensitivity and of the trade-off between volume and margin in each simulated scenario.
1 min read
Coming soon: the current web SDK does not yet expose a service for this engine.
Decision family: Pricing & Elasticity Modeling
Estimates how demand responds to price changes by item, channel and region, considering competition, promotion and positioning. Lets you simulate scenarios before changing the price and choose the point that balances volume, revenue and margin.
Output types
- Recommended price by item, channel and region.
- Elasticity curve and acceptable price range.
- Volume x revenue x margin simulation per scenario.
- Estimated impact of promotion and markdown.
- Adjustment priority (where margin is being drained).
- Drivers of each price recommendation.